PROVIDENCE – Webster Bank, one of New England largest regional banks, has named an Exeter resident as president and chief operating officer of the bank’s equipment financing subsidiary, Webster Capital Finance.
Webster said Sam Hanna will be charged with repositioning the financing company from a national lender to a regional one covering New England, New York, New Jersey and Pennsylvania.
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“Webster Capital Finance will seek to become a more ‘bank-centric’ equipment financing company by aligning our business with our partners in Webster Bank, especially in middle market and small business lending,” Hanna said. “We intend to expand our presence within the northeastern footprint by adding five sales representatives to our existing sales force. We will also grow our customer and revenue base by expanding our asset classes beyond the sectors we currently serve: transportation, construction, environmental and manufacturing.”
Hanna joined Webster Bank in 2006 as senior vice president and regional manager of commercial real estate lending. He is a graduate of the University of Rhode Island, a member of the building committee for the Boys & Girls Clubs of Pawtucket and a member of The Providence Foundation.
